TMC NEWS

TMCNET eNEWSLETTER SIGNUP

WISeKey to Leverage Zug Position in Switzerland as Crypto Valley by Establishing an IoT Blockchain Center of Excellence

[April 20, 2017]

WISeKey to Leverage Zug Position in Switzerland as Crypto Valley by Establishing an IoT Blockchain Center of Excellence

WISeKey International Holding Ltd (WIHN.SW), a leading Zug domiciliated
Swiss cybersecurity and Blockchain IoT company announced today its
intention to establish an Internet of Things ('IoT) Blockchain Center of
Excellence ('Center') in the Canton of Zug aiming to deploy a Trusted
Blockchain as a Service platform. The Center will offer a Blockchain
Platform to US based enterprises, facilitating the rapid adaptation of
on-board Blockchain based solutions and services.

The Canton of Zug is a region of Switzerland that is gradually
attracting major crypto technology players and has become known as
"Crypto Valley." Several major Blockchain and bitcoin companies are
located in Zug such as the Ethereum Foundation using the swiss
experience on fintech and cybersecurity.

WISekey is a Swiss listed company with headquarters in Zug and
operational centers in St. Gallen and Geneva, connected to a network of
centers and offices located in Taiwan, Argentina, USA, France, Germany,
UK and Japan. WISekey will be cooperating with Zug's startup
enterprises, fintech incubation firms, and governmental authorities all
working on DeepTech technologies, on building points of view, proof of
concepts, policies, educational materials including addressing all the
distributed ledger capabilities across different Blockchain schemes
(public, consortium and private), with industry verticalization and
domain specialization (IoT, transactions, messaging, etc.), underpinned
by the best underlying technologies from startups, our key partners and
from the community. For more information visit https://www.wisekey.com/iot/.

At the heart of this localization at the Crypto Valley is the
OISTE-WISeKey Cryptographic Root of Trust ('RoT') which has been
actively used since 1999 by over 2.6 billion desktops, browsers, mobile
devices, SSL certificates and IoT devices. The OISTE WISeKey
Cryptographic RoT is ubiquitous and universal, and a pioneer in the
creation of Digital Identities. This technology is required to integrate
the OISTE/WISeKey RoT into IoT embedded devices with problem-solving
Artificial Intelligence ("AI") solutions. For WISeKey adding to its
patent portfolio and intellectual property is key to ensuring that the
company will be a major player in the "DeepTech" for years to come. This
allows to distinguish WISeKey from other companies that use technology
commonly available, as WISeKey focuses on integrating unique technology
that is differentiated, protected and hard t reproduce based on
tangible scientific discoveries or engineering innovations. By
integrating this technology WISeKey is trying to solve big issues that
really affect the world.

While IoT remains wildly insecure, thanks to the integrated solution
operated by the WISeKey Vertical Platform, IoT devices would be able to
organize themselves into trusted networks based on mutual
authentication, identity and integrity. This trusted cybersecurity
platform will only enable IoT devices which can provide a recognized
identity and a valid integrity report to communicate with peer devices
that are part of the trusted community.

WISeKey is also adding AI at the chip level and together with the
WISeKey RoT it will allow IoT to provide authenticated sensor data.
Current IoT data do not provide value for their manufacturers unless it
can be converted into actionable, contextualized information generated
by IoT sensors fully identifiable. The majority of IoT devices are not
built with embedded secured systems thus are very vulnerable. By
integrating AI into the WISekey RoT and Vertical Platform, objects can
develop their own cybersecurity behavior, thus making smarter and safer
decisions. IoT objects with this technology will learn from attacks,
defend them and transfer this intelligence via the WISekey Vertical
Platform to other IoT objects peer to peer using a Blockchain.

WISekey will include AI solution at the integrated circuits allowing AI
to be hosted on a hardware vault with the highest level of certification
able to encrypt communications and authenticate the devices. This will
also allow AI to leverage the massive big data generated by the
deployment of WISeKey's RoT now embedded in more than 2.5 billion
devices worldwide benefitting from the strong cryptographic capabilities
deployed in all sorts of IoT products.

The ability to authenticate and remotely manage millions of networked,
automated devices and equipment is becoming pervasive - from factory
floors, to hospital operating rooms, to residential homes - including
billions of objects and devices from refrigerators, watches, wearables
to wine bottles - everything that can connect and communicate via the
Internet.

About WISeKey

WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity
company currently deploying large scale digital identity ecosystems with
a patented process. WISeKey's Swiss based cryptographic Root of Trust
("RoT") provides secure authentication and identification, in both
physical and virtual environments, for the Internet of Things,
Blockchain and Artificial Intelligence. The WISeKey RoT serves as a
common trust anchor to ensure the integrity of on-line transactions
among objects and between objects and people. For more information,
visit www.wisekey.com.

This communication expressly or implicitly contains certain
forward-looking statements concerning WISeKey International Holding Ltd
and its business. Such statements involve certain known and unknown
risks, uncertainties and other factors, which could cause the actual
results, financial condition, performance or achievements of WISeKey
International Holding Ltd to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. WISeKey International Holding Ltd is
providing this communication as of this date and does not undertake to
update any forward-looking statements contained herein as a result of
new information, future events or otherwise. This press release does not
constitute an offer to sell, or a solicitation of an offer to buy, any
securities, and it does not constitute an offering prospectus within the
meaning of article 652a or article 1156 of the Swiss Code of Obligations
or a listing prospectus within the meaning of the listing rules of the
SIX Swiss Exchange. Investors must rely on their own evaluation of
WISeKey and its securities, including the merits and risks involved.
Nothing contained herein is, or shall be relied on as, a promise or
representation as to the future performance of WISeKey.